Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Financial Planning > Tax Planning

IRI: 15% of Financial Pros Want Taxes Raised on All

Your article was successfully shared with the contacts you provided.

About 80% of financial professionals surveyed would like to see the “Bush tax cuts” extended – but some survey participants have different ideas.

The Insured Retirement Institute (IRI), Washington, has published figures on financial professional attitudes in a summary of results from an online survey of about 200 financial professionals that was conducted in October and early November.

IRI found that 82% of the website visitors who participated said the tax cuts that are part of the Economic Growth and Tax Relief Reconciliation Act of 2001 should be extended, and 60% said the capital gains tax should be lowered.

But the IRI found that 16% of the survey participants were deficit hawks who agreed with the statement that “taxes need to raised across all earners,” and that 15% agreed with the statement that “taxes need to be raised on just the top 2% of earners.”

- Allison Bell


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.